A separable or split transaction card may be a transaction card that is separable into multiple parts. The transaction card may be separable into multiple portions through an axis that extends through one or more pieces of personal identification information. The transaction card may transition between two or more configurations. A first configuration may be one in which the multiple card portions are not connected, all of the separated pieces of personal identification information are disabled, and the transaction card is disabled. A second configuration may be one in which the multiple card portions are connected, one or more of the separated pieces of personal identification information are enabled, and the transaction card is enabled and may be read when inserted into a card reading machine.
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22. A transaction card comprising:
a first card portion having a first card portion outer perimeter, the first card portion including:
a first portion of a magnetic stripe located closer to a first side of the first card portion outer perimeter than to a second side of the first card portion outer perimeter, the second side of the first card portion outer perimeter being opposite the first side of the first card portion outer perimeter; and
a first portion of a chip located at the second side of the first card portion outer perimeter; and
a second card portion having a second card portion outer perimeter, the second card portion including:
a second portion of the magnetic stripe located closer to a first side of the second card portion outer perimeter than to a second side of the second card portion outer perimeter, the second side of the second card portion outer perimeter being opposite the first side of the second card portion outer perimeter; and
a second portion of the chip located at the second side of the second card portion outer perimeter; and
the first card portion and the second card portion are removably coupleable to each other to form a first configuration and a second configuration, wherein:
in the first configuration, the first portion of the magnetic stripe aligns with the second portion of the magnetic stripe, and the magnetic stripe is readable by a magnetic stripe reader, and
in the second configuration, the first portion of the chip aligns with the second portion of the chip, and the chip is readable by a chip reader.
11. A transaction card comprising:
a first card portion having a first card portion outer perimeter, the first card portion including:
a first portion of a chip located closer to a first side of the first card portion outer perimeter than to a second side of the first card portion outer perimeter, the second side of the first card portion outer perimeter being opposite the first side of the first card portion outer perimeter; and
a first portion of a magnetic stripe located closer the second side of the first card portion outer perimeter than to the first side of the first card portion outer perimeter; and
a second card portion having a second card portion outer perimeter, the second card portion including:
a second portion of the chip located closer to a first side of the second card portion outer perimeter than to a second side of the second card portion outer perimeter, the second side of the second card portion outer perimeter being opposite the first side of the second card portion outer perimeter; and
a second portion of the magnetic stripe located closer to the second side of the second card portion outer perimeter than to the first side of the second card portion outer perimeter; and
wherein the first card portion and the second card portion are removably coupleable to each other to form a connected configuration, and wherein:
in the connected configuration, a third side of the first card portion outer perimeter is removably coupled to a third side of the second card portion outer perimeter, the first portion of the chip aligns with the second portion of the chip, the first portion of the magnetic stripe aligns with the second portion of the magnetic stripe.
1. A transaction card comprising:
a first card portion having a first card portion outer perimeter, the first card portion including:
a first portion of a magnetic stripe located closer to a first side of the first card portion outer perimeter than to a second side of the first card portion outer perimeter, the second side of the first card portion outer perimeter being opposite the first side of the first card portion outer perimeter; and
a first portion of a chip located at the second side of the first card portion outer perimeter; and
a second card portion having a second card portion outer perimeter, the second card portion including:
a second portion of the magnetic stripe located closer to a first side of the second card portion outer perimeter than to a second side of the second card portion outer perimeter, the second side of the second card portion outer perimeter being opposite the first side of the second card portion outer perimeter; and
a second portion of the chip located at the second side of the second card portion outer perimeter; and
wherein the first card portion and the second card portion are removably coupleable to each other to form a first configuration and a second configuration, and wherein:
in the first configuration, a third side of the first card portion outer perimeter is removably coupled to a third side of the second card portion outer perimeter, the first portion of the magnetic stripe aligns with the second portion of the magnetic stripe, and the magnetic stripe is readable by a magnetic stripe reader, and
in the second configuration, the second side of the first card portion outer perimeter is removably coupled to the second side of the second card portion outer perimeter, the first portion of the chip aligns with the second portion of the chip, and the chip is readable by a chip reader.
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Embodiments of the present invention relates generally to a transaction card formed of more than one component and, more particularly, a credit card divided into pieces.
Currently, transaction cards, such as credit and debit cards, are formed as a single card, that is, the card is one piece. The card may include personal information on the card. The personal information may include the authorized user's name, account number, a chip, integrated circuit, and/or magnetic stripe associated with the authorized user and the authorized user's account. Such a transaction card is easily stolen and lost. When a third party achieves possession of these transaction cards, the third party, even if not the authorized user, may use the transaction card and/or may use the authorized user's information contained therein. Additionally, where the transaction card is associated with more than one authorized user, only a single authorized user is needed to complete a transaction. Thus, one authorized user may use the transaction card without the knowledge and/or permission of the additional authorized user(s). Therefore, a need exists for a secure transaction card which reduces and/or prevents theft. A need further exists for a secure transaction card which allows for two-person authentication for the transaction card to be used.
According to an embodiment, a transaction card may include a first card portion having a first card portion outer perimeter, the first card portion including: a first portion of a magnetic stripe located closer to a first side of the first card portion outer perimeter than to a second side of the first card portion outer perimeter, the second side of the first card portion outer perimeter being opposite the first side of the first card portion outer perimeter; and a first portion of a chip located at the second side of the first card portion outer perimeter; and a second card portion having a second card portion outer perimeter, the second card portion including: a second portion of the magnetic stripe located closer to a first side of the second card portion outer perimeter than to a second side of the second card portion outer perimeter, the second side of the second card portion outer perimeter being opposite the first side of the second card portion outer perimeter; and a second portion of the chip located at the second side of the second card portion outer perimeter; and wherein the first card portion and the second card portion are removably coupleable to each other to form a first configuration and a second configuration, and wherein: in the first configuration, a third side of the first card portion outer perimeter is removably coupled to a third side of the second card portion outer perimeter, the first portion of the magnetic stripe aligns with the second portion of the magnetic stripe, and the magnetic stripe is readable by a magnetic stripe reader, and in the second configuration, the second side of the first card portion outer perimeter is removably coupled to the second side of the second card portion outer perimeter, the first portion of the chip aligns with the second portion of the chip, and the chip is readable by a chip reader.
According to an embodiment, a transaction card may include a first card portion having a first card portion outer perimeter, the first card portion including: a first portion of a chip located closer to a first side of the first card portion outer perimeter than to a second side of the first card portion outer perimeter, the second side of the first card portion outer perimeter being opposite the first side of the first card portion outer perimeter; and a first portion of a magnetic stripe located closer the second side of the first card portion outer perimeter than to the first side of the first card portion outer perimeter; and a second card portion having a second card portion outer perimeter, the second card portion including: a second portion of the chip located closer to a first side of the second card portion outer perimeter than to a second side of the second card portion outer perimeter, the second side of the second card portion outer perimeter being opposite the first side of the second card portion outer perimeter; and a second portion of the magnetic stripe located closer to the second side of the second card portion outer perimeter than to the first side of the second card portion outer perimeter; and wherein the first card portion and the second card portion are removably coupleable to each other to form a connected configuration, and wherein: in the connected configuration, a third side of the first card portion outer perimeter is removably coupled to a third side of the second card portion outer perimeter, the first portion of the chip aligns with the second portion of the chip, the first portion of the magnetic stripe aligns with the second portion of the magnetic stripe.
According to an embodiment, a transaction card may include a first card portion having a first card portion outer perimeter, the first card portion including: a first portion of a magnetic stripe located closer to a first side of the first card portion outer perimeter than to a second side of the first card portion outer perimeter, the second side of the first card portion outer perimeter being opposite the first side of the first card portion outer perimeter; and a first portion of a chip located at the second side of the first card portion outer perimeter; and a second card portion having a second card portion outer perimeter, the second card portion including: a second portion of the magnetic stripe located closer to a first side of the second card portion outer perimeter than to a second side of the second card portion outer perimeter, the second side of the second card portion outer perimeter being opposite the first side of the second card portion outer perimeter; and a second portion of the chip located at the second side of the second card portion outer perimeter; and the first card portion and the second card portion are removably coupleable to each other to form a first configuration and a second configuration, wherein: in the first configuration, the first portion of the magnetic stripe aligns with the second portion of the magnetic stripe, and the magnetic stripe is readable by a magnetic stripe reader, and in the second configuration, the first portion of the chip aligns with the second portion of the chip, and the chip is readable by a chip reader.
The description below refers to the following drawings of which:
The present disclosure relates to a transaction card that may be separable into multiple parts. The transaction card may be separable into multiple portions along an axis that extends through one or more pieces of personal identification information (e.g., an integrated circuit, chip, magnetic stripe, authorized user's name, account number, signature, etc.). The transaction card may thus transition between two or more configurations. A first configuration may be one in which the multiple card portions are not connected and the separated pieces of personal identification information are disabled. In this configuration, the transaction card is entirely disabled and may not be read, for example, when inserted into a card reading machine and/or may be incapable of being inserted into a card reading machine. A second configuration may be one in which the multiple card portions are connected and one or more of the separated pieces of personal identification information are enabled. In this configuration, the transaction card is enabled and may be read, for example, when inserted into a card reading machine, via near field communication (e.g., tap and pay, contactless cards), etc. In some examples, the second configuration may further include multiple configurations in which in one of the configurations a first piece of personal identification information is enabled and a second piece of personal identification information is disabled and another of the configurations the first piece of personal identification information is disabled and the second piece of personal identification information is enabled.
The transaction card described herein improves upon conventional transaction cards. A conventional transaction card is a single card of a predetermined width and length. The conventional transaction card is always enabled and requires only a single user authentication. The transaction card of example embodiments described in the present disclosure splits or divides a transaction card into one or more separate portions that may have a width and/or length less than the conventional width and/or length of the conventional transaction card.
In an example, the transaction card may be linked to an account with more than one authorized user. Each authorized user may carry one of the portions of the separated transaction card. To complete a transaction, each of the authorized users may provide their portion to form the complete transaction card and thus authorize the transaction. If one of the authorized users does not authorize the transaction, they may withhold their portion of the transaction card. This may result in an incomplete transaction card that is not readable. For example, an account may be jointly owned by a married couple, parent(s) and child(ren), partners in a business, etc. In an example, the parent may hold a first portion of the card and the child may hold the second portion of the card. In order to authorize a transaction, the child may need to obtain the first portion of the card from the parent. Thus, the parent may have control over purchases and transactions performed by the child. Such multiparty/multifactor authentication may reduce the likelihood of unauthorized purchases or transactions. Multifactor authentication may occur when two or more authorized users come together to complete the transaction. Additionally, the multifactor authentication may include authentication back to a mobile application or device. All authorized users of an account may receive notification of a completed transaction.
The separable transaction card may also reduce the likelihood of theft. An authorized user(s) may store the portions of the transaction card separately (e.g., one portion in a wallet another portion in a desk or pocket, etc.). If the authorized user's wallet is lost or stolen, a first portion of the transaction card may be the only portion lost and/or stolen. The thief or finder of the wallet may be unable to use the transaction card without the second portion of the transaction card (e.g., the portion still in the position of the authorized user).
Details of exemplary transaction cards to achieve the aforementioned advantages and benefits of a separable transaction card are described herein. However, alternatives to the structure, layout, shape, size, arrangement, etc., are contemplated without departing from the goals of providing a multifactor authenticated transaction card and/or a transaction card with reduced likelihood of theft.
Referring to
With continued reference to
Referring again to
Referring to
The first card portion 52 may have an outer periphery or perimeter 56. The first card portion 52 may have a first side 58, a second side 60, a third side 62, and a fourth side 64. The first card portion 52 may include a chip portion 76. The chip portion 76 may be located closer to the first side 58 than to the second side 60. The first side 58 may be opposite the second side 60. Although shown and described as square or rectangular, the first card portion 52 may be any shape, include triangular, pentagonal, hexagonal, polygonal, spherical, semi-spherical, etc.
The first card portion 52 may include a connector 78. The connector 78 may be one or more connectors 78. The connector 78 may be located along the third side 62 of the first card portion 52. The connector 78 may be located along the first side 58, the second side 60, the third side 62, the fourth side 64, or combinations thereof. Although four connectors 78 are shown, more or fewer may be provided. The connector 78 may include at least one connector that overlaps at least a portion of the chip portion 76. For example, the connector 781 may overlap, at least partially or entirely, the chip portion 76. The overlap may be such that some or all of the connector 781 is at the same position along the third side 62 as some or all of the chip portion 76.
The second card portion 54 may have an outer periphery or perimeter 66. The second card portion 54 may have a first side 68, a second side 70, a third side 72, and a fourth side 74. The second card portion 54 may include a chip portion 80. The chip portion 80 may be located closer to the first side 68 than to the second side 70. The first side 68 may be opposite the second side 70. Although shown and described as square or rectangular, the second card portion 54 may be any shape, include triangular, pentagonal, hexagonal, polygonal, spherical, semi-spherical, etc.
The second card portion 54 may include a connector 82. The connector 82 may be one or more connectors 82. The connector 82 may be located along the third side 72 of the second card portion 54. The connector 82 may be located along the first side 68, the second side 70, the third side 72, the fourth side 74, or combinations thereof. Although four connectors 82 are shown, more or fewer may be provided. The connector 82 may include at least one connector that overlaps at least a portion of the chip portion 80. For example, the connector 821 may overlap, at least partially or entirely, the chip portion 80. The overlap may be such that some or all of the connector 821 is at the same position along the third side 72 as some or all of the chip portion 80. The number of connectors 78 may correspond to the number of connectors 82.
The transaction card 50 may have a first configuration (
In the second configuration of
In the second configuration of
The one or more connectors 78, 82 may be magnets. When respective connectors are aligned, the magnets may be magnetically attracted to each other to couple the first card portion 52 and the second card portion 54 to form the transaction card 50. The magnets may maintain the transaction card 50 in the complete or whole configuration. One or more locks may be provided to maintain the transaction card 50 in the complete or whole configuration after coupling of the magnets. Although shown and described as magnetic connectors, other connection types are contemplated, such as, for example male and female connections, protrusions, indents, snap connections, slide connections, toggles, removable adhesive, etc.
Referring to
The first card portion 52a may have an outer periphery or perimeter 56a. The first card portion 52a may have a first side 58a, a second side 60a, a third side 62a, and a fourth side 64a. The first card portion 52a may include a magnetic stripe portion 76a. The magnetic stripe portion 76a may be located closer to the second side 60a then to the first side 58a. The first side 58a may be opposite the second side 60a. Although shown and described as square or rectangular, the first card portion 52a may be any shape, include triangular, pentagonal, hexagonal, polygonal, spherical, semi-spherical, etc.
The first card portion 52a may include a connector 78a. The connector 78a may be one or more connectors 78a. The connector 78a may be located along the third side 62a of the first card portion 52a. The connector 78a may be located along the first side 58a, the second side 60a, the third side 62a, the fourth side 64a, or combinations thereof. Although four connectors 78a are shown, more or fewer may be provided. The connector 78a may include at least one connector that overlaps at least a portion of the magnetic stripe portion 76a. For example, the connector 78a1 may overlap, at least partially or entirely, the magnetic stripe portion 76a. The overlap may be such that some or all of the connector 78a1 is at the same position along the third side 62a as some or all of the magnetic stripe portion 76a.
The second card portion 54a may have an outer periphery or perimeter 66a. The second card portion 54a may have a first side 68a, a second side 70a, a third side 72a, and a fourth side 74a. The second card portion 54a may include a magnetic stripe portion 80a. The magnetic stripe portion 80a may be located closer to the second side 70a than to the first side 68a. The first side 68a may be opposite the second side 70a. Although shown and described as square or rectangular, the second card portion 54a may be any shape, include triangular, pentagonal, hexagonal, polygonal, spherical, semi-spherical, etc.
The second card portion 54a may include a connector 82a. The connector 82a may be one or more connectors 82a. The connector 82a may be located along the third side 72a of the second card portion 54a. The connector 82a may be located along the first side 68a, the second side 70a, the third side 72a, the fourth side 74a, or combinations thereof. Although four connectors 82a are shown, more or fewer may be provided. The connector 82a may include at least one connector that overlaps at least a portion of the magnetic stripe portion 80a. For example, the connector 82a1 may overlap, at least partially or entirely, the magnetic stripe portion 80a. The overlap may be such that some or all of the connector 82a1 is at the same position along the third side 72a as some or all of the magnetic stripe portion 80a. The number of connectors 78a may correspond to the number of connectors 82a.
The transaction card 50a may have a first configuration (
In the second configuration of
In the second configuration of
The one or more connectors 78a, 82a may be magnets. When respective connectors are aligned, the magnets may be magnetically attracted to each other to couple the first card portion 52a and the second card portion 54a to form the transaction card 50a. The magnets may maintain the transaction card 50a in the complete or whole configuration. One or more locks may be provided to maintain the transaction card 50a in the complete or whole configuration after coupling of the magnets. Although shown and described as magnetic connectors, other connection types are contemplated, such as, for example male and female connections, protrusions, indents, snap connections, slide connections, toggles, removable adhesive, etc.
Referring to both
Although
In
Referring to
The one or more connectors 178, 182 may be mechanical couplings. For example, the one or more connectors 178 may be male connectors and the one or more connectors 182 may be female connectors. For example, the one or more connectors 178 may be protrusions sized and shaped to fit within the one or more connectors 182. The one or more connectors 178 may protrude away from the third side 162 in the direction of the arrow A. The one or more connectors 178 may be protrusions, pins or other extending member that extend outwardly from the first card portion 152. The one or more connectors 182 may be recesses, slots, grooves, etc. sized and shaped to receive the one or more connectors 178. The one or more connectors 182 may recess inwardly from the third side 172. Although depicted as rectangular protrusions and recesses, the one or more connectors 178, 182 may be any complementary shapes (e.g., triangular, polygonal, pentagonal, semi-spherical, etc.). When aligned, the protruding one or more connectors 178 may be inserted into the respective recessed one or more connectors 182. The male and female connectors may engage one other to couple the first card portion 152 and the second card portion 154 to form the complete transaction card 100. The male and female connectors may maintain the transaction card 100 in the complete or whole configuration. One or more locks may be provided to maintain the transaction card 100 in the complete or whole configuration after coupling of the male and female connectors. Although shown and described with the male connectors on the first card portion 152 and the female connectors on the second card portion 154, the arrangement may be reversed. Although shown and described as male and female mechanical connectors, other connection types are contemplated, such as, for example magnets, other protrusions, indents, snap connections, slide connections, toggles, removable adhesive, etc.
The transaction card 100 may have a first configuration (
In the second configuration of
In the second configuration of
Referring to
The one or more connectors 178a, 182a may be mechanical couplings, such as described with respect to
The transaction card 100a may have a first configuration (
In the second configuration of
In the second configuration of
Referring to
Although
In
Referring to
The one or more connectors 278, 282 may be a mechanical coupling. For example, the connector 278 may be a male connector and the connector 282 may be a female connector. For example, the connector 278 may be a protrusion sized and shaped to fit within the connector 282. The connector 278 may be a single large male connector that may swivel with respect to the first card portion 252. For example, the connector 278 may include a hinge or pivot or swivel point 230 and a protrusion portion 232.
To couple the first card portion 252 to the second card portion 254, the protrusion portion 232 of the connector 278 may be rotated about the swivel point 230 from the position of
The protrusion portion 232 of the connector 278 may be one or more protrusions, pins or other extending member that may be configured to extend outwardly from the first card portion 252. The connector 282 may be one or more recesses, slots, grooves, etc. sized and shaped to receive a respective connector 278. The connector 282 may recess inwardly from the side 272 in the direction of arrow A.
Although depicted as rectangular protrusion and recess, the connectors 278, 282 may be any complementary shapes (e.g., triangular, polygonal, pentagonal, semi-spherical, etc.). When aligned, the protruding connector 278 may be inserted into the recessed connector 282. The male and female connectors may engage one other to couple the first card portion 252 and the second card portion 254 to form the transaction card 200 as shown in
The transaction card 200 may have a first configuration (
In the second configuration of
In the second configuration of
Referring to
The one or more connectors 278a, 282a may be a mechanical coupling, such as described with respect to
The transaction card 200a may have a first configuration (
In the second configuration of
In the second configuration of
Referring to
Although
In
Referring to
The one or more connectors 378, 382 may be mechanical couplings. For example, the one or more connectors 378 may be alternating male and female connectors and the one or more connectors 382 may be, respective to the connectors 378, alternating female and male connectors. Although shown as beginning and ending with a male connector, the alternating connectors 378 may begin and end with a female connector, begin with a female connector and end with a male connector, begin with a male connector and end with a female connector, may alternate other than 1:1 of male:female connectors, or other variations. The alternating connectors 382 may be configured to mate with the respective connectors 378 and may thus also alternate in any number of patterns as described with respect to connectors 378.
For example, the one or more connectors 378 may be alternating protrusions and recesses sized and shaped to mate or cooperate with respectively alternative recesses and protrusions of the one or more connectors 382. The one or more connectors 378, 382 that are male connectors may protrude away from the side 362, 372 in the direction of arrows A, B, respectively. The one or more connectors 378, 382 that are female connectors may recess inwardly from the sides 362, 372, respectively. The protrusions and recesses may occur in an alternating manner. The one or more connectors 378, 382 that are male connectors may be protrusions, pins or other extending member that extend outwardly from the first card portion 352 and second card portion 354, respectively. The one or more connectors 378, 382 that are female connectors may be recesses, slots, grooves, etc. sized and shaped to receive the one or more male connectors. Although depicted as rectangular protrusions and recesses, the one or more connectors 378, 382 may be any complementary shapes (e.g., triangular, polygonal, pentagonal, semi-spherical, etc.). When aligned, respective male and female connectors of the one or more connectors 378 may mate with the respective female and male connectors of the one or more connectors 382.
When aligned, the protruding one or more connectors 378, 382 may be inserted into the respective recessed one or more connectors 378, 382. The male and female connectors may engage one other to couple the first card portion 352 and the second card portion 354 to form the transaction card 300. The male and female connectors may maintain the transaction card 300 in the complete or whole configuration. One or more locks may be provided to maintain the transaction card 300 in the complete or whole configuration after coupling of the male and female connectors. Although shown and described with the male connectors on the first card portion 352 and the female connectors on the second card portion 354, the arrangement may be reversed. Although shown and described as male and female mechanical connectors, other connection types are contemplated, such as, for example magnets, other protrusions, indents, snap connections, slide connections, toggles, removable adhesive, etc.
The transaction card 300 may have a first configuration (
In the second configuration of
In the second configuration of
Referring to
The one or more connectors 378a, 382a may be mechanical couplings, such as described with respect to
The transaction card 300a may have a first configuration (
In the second configuration of
In the second configuration of
Referring to
Although
In
Although shown as divided or split down a central axis of the transaction card, any of the aforementioned embodiments may be split along any axis (e.g., along a horizontal axis or non-central axis) and/or may be divided into any number of pieces (e.g., more than two). The divide or split may be provided anywhere along the transaction card such that the card becomes two or more components and divides at least one piece of personal identification information into two or more components.
Although the connectors are shown as being visible after coupled together, any of the aforementioned examples may include connectors which are not visible before coupling, after coupling, or both before and after coupling. Any combination of the aforementioned connector types may be combined onto a single exemplary transaction card. For example, the transaction card may include both mechanical connectors (e.g.,
A lock or locking mechanism may be provided on any of the aforementioned embodiments to secure the coupling of the multiple transaction card portions. The lock may be latch. The lock may be a metal insertion piece that securely couples the portions together in addition to the connectors described herein. The lock may be a magnetic connection. The magnetic lock may be configured such that it does not interfere with WiFi payments or the magnetic stripe.
Referring to
The transaction card 400 may be a multi-configuration transaction card. The transaction card 400 may include a first card portion 402 and a second card portion 404. The first card portion 402 may have an outer periphery or perimeter 406. The first card portion 402 may have a first side 408, a second side 410, a third side 412, and a fourth side 414. The first side 408 may be opposite from the second side 410. The third side 412 may be opposite from the fourth side 414. The second card portion 404 may have an outer periphery or perimeter 420. The second card portion 404 may have a first side 422, a second side 424, a third side 426, and a fourth side 428. The first side 422 may be opposite from the second side 424. The third side 426 may be opposite from the fourth side 428.
The first card portion 402 may include a chip portion 416 and a magnetic stripe portion 418. Although shown on the same face of the transaction card 400, the chip portion 416, the magnetic stripe portion 418, or both, may be on the opposing face of the transaction card 400. The second card portion 404 may include a chip portion 430 and a magnetic stripe portion 432. Although shown on the same face of the transaction card 400, the chip portion 430, the magnetic stripe portion 432, or both, may be on the opposing face of the transaction card 400.
The transaction card 400 may have multiple configurations. In the configuration of
In the configuration of
A conventional transaction card may have a predetermined width X and a predetermined length Y. The sides 412 and 414 of the first card portion 402 may be the same dimension and may be aligned with a width. The sides 408 and 410 of the first card portion 402 may be the same dimension and may be aligned with the length. The width and the length of the first card portion 402 may be half of the predetermined width X and length Y (e.g., X/2 and Y/2). The sides 426 and 428 the second card portion 404 may be the same dimension and may be aligned with a width. The sides 422 and 424 of the second card portion 404 may be the same dimension and may be aligned with the length. The width and length of the second card portion 404 may be half of the predetermined width X and length Y (e.g., X/2 and Y/2).
When in the configuration of
Although described as being half, the width and/or length may be any fraction of the whole of the predetermined width and/or length such that the sum of the parts is equal to the width of the predetermined width X and/or the width of the predetermined width Y of the conventional transaction card. Where the width and/or length are not half, the location of the magnetic stripe and/or chip may be moved such that it is located a predetermined distance from the perimeter of the transaction card to be operable with a conventional card reading machine.
The transaction cards of the present disclosure may allow for a multi-factor authentication system and method. The first card portion may represent the first authentication factor. The second card portion may represent the second authentication factor. To authenticate a purchase and or transaction, both authentication factors may be presented at the time of the transaction. The transaction card may be unable to authorize a transaction without all of the portions of the transaction card.
To authenticate a purchase, the authorized user(s) may mate the first authentication factor and the second authentication factor is configured to authenticate a user, the mating resulting in a complete transaction card formed by the first card portion and the second card portion. The mating may be performed with any of the aforementioned connectors or combinations thereof. The complete transaction card may form a complete authentication component formed of a first half of the first authentication factor and a second half of the second authentication factor. The complete authentication component may be operable to be read in a card reading machine only upon successful authentication of the user. Successful authentication of the user may be represented by the proper completion of the authentication factors (e.g., proper connection and completion of the transaction card).
In any of the aforementioned exemplary transaction cards, the chip may be located a predetermined distance from one or more sides of the transaction card. This may allow for the chip to be compatible with a chip reading machine when the two or more portions of the chip are brought together to form the complete chip. Likewise, the magnetic stripe may be located a predetermined distance from one or more sides of the transaction card. This may allow for the magnetic stripe to be compatible with a magnetic stripe reading machine when the two or more portions of the magnetic stripe are brought together to form the complete magnetic stripe.
A conventional transaction card may have a predetermined width X and a predetermined length Y. In any of the aforementioned exemplary transaction cards, the length of each card portion may be the same as the lengthy Y of a conventional transaction card. The width of each card portion may be less than the predetermined width X (e.g., half of the predetermined width X) such that the sum of the widths of the card portions may be the same as the predetermined width X of the conventional transaction card, when in the complete configuration. In any of the aforementioned exemplary transaction cards, the width of each card portion may be the same as the width X of a conventional transaction card. The length of each card portion may be less than the predetermined length Y (e.g., half of the predetermined length Y) such that the sum of the lengths of the card portions may be the same as the predetermined length Y of the conventional transaction card, when in the complete configuration. In any of the aforementioned exemplary transaction cards, both the width and the length may be less than the predetermined width and length of a conventional card, but when brought together may equal the predetermined width and/or length to allow for proper functioning of the transaction card. Therefore, when in the complete configuration, the transaction card may have the conventional width X and length Y of a transaction card and be compatible with a conventional card reading machine.
The transaction card of the present disclosure and/or portions thereof may be formed of conventional transaction card materials. The transaction card of the present disclosure and/or portions thereof may be metallic or other rigid material (e.g., rigid plastic). The transaction card and/or portions thereof may be formed of a rigid material to maintain structural integrity during use of card (e.g., during multiple transitions between the disabled and enabled configurations). In an embodiment, the entire transaction card is formed of the rigid material. In an embodiment, the connectors are formed of the rigid material.
The transaction card of the present disclosure may be formed by electrical discharge machining (EDM). The connectors may be formed by EDM of a whole or complete transaction card to divide the transaction card into multiple portions. The EDM may cut vertically and/or horizontally on the transaction card to form notches/connectors. EDM results in a clean cut through the chip and magnetic stripe such that operability of the portions are disrupted by the manufacturing of the transaction card. Other methods of manufacturing the transaction card of the present disclosure are contemplated, such as, for example, molding each portion. The transaction card may be formed in multiple portions separately.
The transaction card of the present disclosure may be tested after manufacturing and/or tested after the multiple portions are brought together to authorize a transaction. The testing may confirm operability of the transaction card in the complete configuration. The transaction card may be tested in a card reader.
The transaction card of the present disclosure may include an indicator representing that the complete transaction card is in an operable configuration (e.g., that all connections are connected, the chip is functioning, the magnetic stripe is function, etc.). For example, an indicator light or LED may be provided on the transaction card. The indicator light may be provided on the chip. If the transaction card (e.g., the chip) is fully connected, then the LED may illuminate. If the transaction card is not fully connected, then the LED may not illuminate or may illuminate a different color (e.g., red for disconnected and green for connected).
The transaction card of the present disclosure may be formed such that the separable portions are unique to a particular user. That is, the particular arrangement or positioning of connectors may be unique to each user. In this manner, a person holding one portion of the card may be unable to complete the card with any generic portion or dummy portion of a transaction card. Instead, the person may require the unique portions of the transaction card provided to the authorized user.
Although described with respect to insertion into a chip reading machine or swiping in a magnetic stripe reading machine, other types of payment authorization may be provided. For example, the transaction cards of the present disclosure may be compatible with other transaction payment systems including, for example, near field communication, conventional card reading machines, wirelessly, tap and pay, or other types. That is, when in the incomplete configuration, the transaction card may not be read by these types of communication and when in the complete configuration, the transaction card may be read by these types of communication.
Use of language such as “at least one of X, Y, and Z,” “at least one of X, Y, or Z,” “at least one or more of X, Y, and Z,” “at least one or more of X, Y, or Z,” “at least one or more of X, Y, and/or Z,” or “at least one of X, Y, and/or Z,” are intended to be inclusive of both a single item (just X, or just Y, or just Z) and multiple items (i.e., {X and Y}, {X and Z}, {Y and Z}, or {X, Y, and Z}). “At least one of” is not intended to convey a requirement that each possible item must be present.
Although the foregoing description is directed to the preferred embodiments of the invention, it is noted that other variations and modifications will be apparent to those skilled in the art, and may be made without departing from the spirit or scope of the invention. Moreover, features described in connection with one embodiment of the invention may be used in conjunction with other embodiments, even if not explicitly stated above.
Pham, Vincent, Ghalaty, Nahid Farhady, Adcock, Lee, Shyamala, Geeta, Camenares, Christopher
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